How Climate Change is Boosting the Global Demand for RO Membranes

The report "Reverse Osmosis (RO) Membrane Market by Type (Thin Film Composite Membranes; Cellulose Based Membranes), End-Use Industry (Water & Wastewater Treatment; Industrial Processing), Filter Module, Application, & Region - Global Forecast to 2029", is projected to reach USD 5.11 billion by 2029, At A CAGR Of 6.5% From USD 3.73 billion in 2024.

The RO membrane market is driven by the increasing demand of RO membranes for water & waste water treatment. The growing water scarcity along with rising population across the world is increasing the demand for drinking water leading to rise in RO membrane demand for water treatment plants. Along with expansing population the industries are growing which leads to increased pressure on freshwater resources encouraging government and private sectors for adoption of advanced water treatment technologies. RO membranes are known for their high efficiency for desalination and water purification applications. This is leading to increased use of RO membranes in sectors like waste water treatment, industrial waste water management and food & beverage industry. Moreover, the developing technological advancements in RO membrane materials and systems is further fuelling the demand for RO membranes globally.

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The RO membrane market is driven by the increasing demand of RO membranes for water & waste-water treatment. The growing water scarcity along with rising population across the world is increasing the demand for drinking water leading to rise in RO membrane demand for water treatment plants. Along with expansing population the industries are growing which leads to increased pressure on freshwater resources encouraging government and private sectors for adoption of advanced water treatment technologies. RO membranes are known for their high efficiency for desalination and water purification applications. This is leading to increased use of RO membranes in sectors like waste-water treatment, industrial waste-water management and food & beverage industry. Moreover, the developing technological advancements in RO membrane materials and systems is further fuelling the demand for RO membranes globally.

"Asia Pacific is projected to be the fastest growing region of RO membrane market, in terms of value, during the forecast period."

The rapid industrialization and growing population growth in countries like China and India has resulted in the increased demand for sustainable and safe water supply. Government is adopting strategies to improve the accessibility of clean drinking water. Additionally, the stringent regulations on wastewater treatment are boosting the demand for RO membrane in the region. Moreover, the region has many developing economies, witnessing growing urbanization resulting into increased investments in large desalination plant projects and water treatment facilities. The growing awareness of scarcity of water is encouraging domestic and international RO membrane manufacturers to enhance their market footprint in the region. These factors are responsible for Asia Pacific to emerge as fastest growing region in RO membrane market.

"Water & wastewater treatment accounts the largest share in RO membrane market by industry"

Water & wastewater treatment accounts for largest share in RO membrane market due to the rapidly increasing demand for clean and safe drinking water. The stringent regulations related to waste water treatment across the countries is further contributing to increased adoption of RO membranes for water & waste treatment industries. As urbanization and industrialization is accelerating, the countries are facing water scarcity challenges, encouraging government to implement strict regulations mandating effective wastewater treatment. RO membranes have high efficiency in removing various contaminants which makes them inevitable part in wastewater treatment plants. Additionally, with increasing population the awareness towards waterborne diseases is increasing strengthening the demand for RO membranes in water treatment plants for safe drinking water. These factors are responsible for water and wastewater treatment accounting largest share in RO membrane market.

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"Thin film composite accounts largest market share of RO membrane market by type during the forecast period, in terms of value."

Thin film composite RO membranes account for largest market share of RO membrane market by type due to their adaptability in wide range of applications and better performance properties. These RO membranes have a layered structure which combines a strong support layer with a thin polyamide barrier which allows them to filter water and remove salt efficiently. This design makes them ideal for effective water purification and desalination, which is increasingly important due to rising scarcity of safe drinking water globally. The thin film composite RO membrane have stable structure chemically and mechanically which makes them less prone to issues like fouling and scaling. Additionally, these RO membranes have low maintenance cost and long-lasting performance which makes them useful for wide applications in multiple industries. Therefore, thin film composite membranes account largest market share of RO membrane market by type.

Mergers, acquisitions and expansions are the major growth strategies adopted by the key players in the market. The key global players in the RO membrane market include DuPont (US), Toray Industries Inc (Japan), LG Chem (South Korea), Hydranautics (US), Veolia (France), Toyobo Co., Ltd (Japan), Kovalus Separation Solutions (US) Alfa Laval (Sweden), Mann+Hummel Water and Fluid Solutions (Germany), Membranium (Russia), Pentair (US), Thermo Fisher Scientific (US), Lanxess (Germany), Merck KGaA (Germany), Pall Corporation (US), and Best Water Technology Group (Austria).

DuPont

DuPont is one of the leading manufacturers of specialty chemicals and advanced materials. The company operates through two major business segments namely, electronics & industrial and water & protection.  The company has made significant investments in R&D to launch advanced products for meeting the increasing demand for clean water solutions across various sectors including industrial and municipal applications. The company has significant geographic presence and operates in around 70 countries. The manufacturing facilities of DuPont are strategically located across North America, Europe, and Asia. It focuses on growth and strategic partnerships to enhance its footprint in global RO membrane market.

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Toray Industries Inc

Toray Industries Inc is one of the leading global manufacturers advanced materials and technologies. It operates majorly through six business segments namely, fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, life science and others. The company has a strong focus on innovation and has developed a range of high performing RO membranes. It offers RO membrane products through its environment & engineering business segment. The company has strong brand reputation in the market due to its compliance with regulatory standards meeting safety requirements. The company has enhanced its manufacturing facilities particularly in China to meet the increasing demand for water treatment solutions in Asia and Europe.

LG Chem

LG Chem is a leading manufacturer of chemicals globally. It operates primarily through six business segments. LG Chem has extensive presence in global market along with production facilities located in Asia, the Americas, and Europe regions. The company has made several significant investments in RO membrane market to expands its production facilities with an aim to double the RO membrane business in upcoming years. The company has been focusing on developing high performing RO membranes. The company strongly focuses on quality and performance capturing a large share of RO membrane market. LG Chem has made partnerships for projects on large scale for supplying RO membranes in significant desalination plants to expands its reach in global market.